---
title: "Duolun (603528.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/603528.SH/norm.md"
symbol: "603528.SH"
name: "Duolun"
parent: "https://longbridge.com/en/quote/603528.SH.md"
datetime: "2026-05-20T16:40:52.865Z"
locales:
  - [en](https://longbridge.com/en/quote/603528.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/603528.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/603528.SH/norm.md)
---

# Duolun (603528.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.0286 | -0.0165 | -0.0209 | -0.0118 | 0.0041 |
| ROE | -4.27% | -2.09% | -3.03% | -1.70% | 0.59% |
| Revenue | 78.46M | 87.55M | 111.92M | 95.31M | 105.04M |
| Net income | -20.17M | -9.92M | -14.46M | -8.25M | 2.90M |
| Operating income | -23.66M | -38.44M | 2.08M | -36.77M | 3.77M |
| Gross margin | 29.49% | 16.41% | 35.29% | 28.60% | 42.19% |
| Net margin | -25.71% | -11.33% | -12.92% | -8.66% | 2.76% |
| Profit quality | - | -3095.64% | 452.01% | -343.80% | 22.37% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.30B | 2.32B | 2.32B | 2.35B | 2.41B |
| Leverage | 1.19 | 1.19 | 1.18 | 1.18 | 1.18 |
| BVPS | 2.66 | 3.15 | 2.71 | 2.73 | 2.79 |
| Turnover | 0.1587 | 0.1683 | 0.1710 | 0.1685 | 0.1866 |
| Cash & STI | 1.04B | 1.09B | 1.08B | 1.10B | 1.14B |
| Inv & Rec | 132.82M | 124.58M | 124.50M | 133.85M | 132.56M |
| LT assets | 368.10M | 381.75M | 378.75M | 383.41M | 397.85M |
| Net debt | -994.63M | -1.04B | -1.03B | -1.04B | -1.08B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -476873.00 | 1.24M | 460695.00 | 10.70M | 16.85M |
| Investing CF | -262.91M | 292.85M | -240.44M | 191.73M | -317.70M |
| Financing CF | 3.40M | -10.51M | -2.53M | -44.09M | -2.66M |
| Free CF | -11.10M | 104.63M | -58.95M | 35.56M | -19.45M |
| OCF coverage | -28.79% | 9.69% | -125.83% | 22.04% | 291.71% |
| Repaid & issued | - | - | -180000.00 | 180000.00 | - |
| CapEx | -1.66M | -12.82M | -9.72M | -3.40M | -5.78M |

## Distribution Plan

**Dividend Yield**: 0.63

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.0496CNY | 2025-06-23 | 2025-06-24 | 2025-06-24 |
| Cash Dividend: 
0.07CNY | 2023-06-19 | 2023-06-20 | 2023-06-20 |
| Cash Dividend: 
0.04CNY | 2021-06-10 | 2021-06-11 | 2021-06-11 |
